Vietnam shrimp grows strongly in the US market

News 16:58 27/01/2015 609
(vasep.com.vn) In 2014, a stronger US dollar against other currencies, along with economic recovery helped boost shrimp imports.

In the first 11 months of 2014, Vietnam shrimp imports to the US increased by 47.15% by value and 28.7% by volume. These are the highest growth rates in top 5 shrimp supplier to the US.

US shrimp imports remained strong even when shrimp prices were high and domestic consumption is very huge. Rabobank report stated that in 2014 US shrimp imports increased over expectations.

India

With big harvests with reasonable prices of whiteleg shrimp, India maintained its leading position in providing shrimp to the US in 2014, although shrimp imports from Vietnam, Indonesia and Ecuador surged.

From January to November  2014, India earned US$ 1.49 billion from shrimp exports to the US, up 40% year-on-year. US shrimp imports from India reached 99,655 MT, up 16% from 2013. This almost doubled of that from Thailand, which stayed at 56,562 MT.  It is noted that Thailand accounted for 1/4 of the total shrimp supply to the US in previous years.

India is the top provider of  HLSO size 46/55 shrimp to the US, while Indonesia and Vietnam are two main suppliers for frozen peeled shrimp.

Indonesia

US shrimp imports from Indonesia increased by 27.3% by volume and 49% by value in the first 11 months of 2014. Indonesia, therefore, is forecasted to surpass India to be the top shrimp supplier to the US. In Indonesia, aquaculture is attracting great attention and investment from the government. Shrimp production expanded rapidly and there is no anti-dumping duty on Indonesia shrimps exported to the US.

Vietnam

In September 2014, Vietnam shrimp exports began to decline with negative growth until November. This was caused by the final results of anti-dumping duty and a decline in demand and price of whiteleg shrimp in the US.

As increases in the first months of the year covered the decline, shrimp exports to the US by the end of November upped 28.3% year on year. Shrimp export value reached over US$ 1 billion.

 

US shrimp imports (Unit: US$ thousands)

Source: USDA

Origin

Jan-Nov/2013

Jan-Nov /2014

Changes (%)

Thailand

809,408

713,741

11.82

Indonesia

812,857

1,212,842

49.21

Vietnam

636,868

937,132

47.15

Ecuador

597,349

841,427

40.86

India

928,640

1,269,079

36.66

Mexico

234,047

260,343

11.24

China

203,106

253,751

12.95

Other

508,404

646,013

27.07

Total

4,730,679

6,134,329

29.67

 

US shrimp imports (Unit: thousand pounds)

Source: USDA

Origin

Jan-Nov/2013

Jan-Nov /2014

Changes (%)

Thailand

169,743

124,588

-26.60

Indonesia

163,630

208,340

27.32

Ecuador

152,003

187,899

23.62

Vietnam

117,667

151,483

28.74

India

189,155

219,505

16.04

China

63,092

66,426

5.28

 Mexico

36,824

38,919

5.69

Other

127,432

146,736

15.15

Total

1,019,546

1,143,896

12.20

Bạn đang đọc bài viết Vietnam shrimp grows strongly in the US market tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

US temporarily suspends import ban on crab from Vietnam and three Asian countries

 |  09:03 24/11/2025

(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).

An Giang’s fisheries sector makes active contributions to the marine economy and international integration

 |  09:15 21/11/2025

(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.

Vietnam pangasius exports in September 2025: Driven by CPTPP markets and processed products

 |  11:24 19/11/2025

(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC